Bad may be Good?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting.

While it wasn’t a particularly good 2014 for big pension fund earnings, those who managed the funds saw incredible pay! According to the New York Times, the top 25 hedge fund managers reaped $11.62 billion in compensation in 2014. Yes, that’s billions with a “B”! Questions: 1. The 2014 compensation of the top 25 hedge… Read more »

Put Me First In Line

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Former Denver Broncos quarterback John Elway and his business partner gave $15 million to a hedge-fund manager now accused of running a Ponzi scheme.  In court papers filed by Elway and Mitch Pierce the two claim that their investment was supposed to be kept in a separate account from Mueller’s Over Under Fund. Therefore, the… Read more »